Invesco PowerShares has become the ninth active issuer of Exchange Traded Funds (ETFs) on the Frankfurt Stock Exchange.
The company recently listed eight new funds, marking its debut on the German market.
Invesco PowerShares offers three product categories: “Intelligent Index”, “Intelligent Exposure” and “Intelligent Access” ETFs.
“Intelligent Index” ETFs are based on refined indices that identify the most promising companies with the most convincing growth or value attributes based on quantitative factors. The products in the “Intelligent Exposure” range track FTSE RAFI indices, which aim to track a market precisely in economic terms.
Unlike traditional indices, which tend to weight equities based on their market capitalization, PowerShares uses index concepts that weight companies based on various fundamental data. The category will allow German investors to invest in the “clean energy”, water and private equity market segments, which are often difficult for investors to access.